Minto - Minto
Sold For$1,600,000
Listed For $1,750,000
Sold Jun 2023
Presenting 243 Main St. E. Palmerston. A Multi-Family Six-Plex Full Of Opportunity And Investment Potential. With A Rich History, The Home And Property Were Originally Owned By The United Church And Was Later Transformed Into A Purpose-Built, Rental Building That Has Been Meticulously Maintained By The Original Owners Who Occupied One Of The Units In The Building. Located Just Steps To Main St. Shops, Restaurants And Lion's Community Park, The Quintessential Small-Town Feel Is Alive And Well. This Turnkey Property Is Available Immediately And Has Been A Desired Residence For Tenants In The Area, And Has Had A Zero Vacancy Rate Since Being Built In 1996. Current Rents, Are Approximately $100,000/Year With The Potential To Increase By $20,000-$30,000 As Tenants Turn Over And New Market Rents
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* Values are estimates only and not a guarantee of lending or affordability.
